2020 TND to VEF Historical Review

YEARLY HIGH

92667.4034 VEF

YEARLY LOW

84447.7969 VEF

YEARLY AVERAGE

88615.3051 VEF

2020 TND to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 92667.4034. Conversely, the yearly low was recorded on March 19, dropping to 84447.7969.

This high-to-low spread represents a total annual volatility of 8219.6066 VEF. From a start-to-finish perspective, comparing the January average rate of 88348.6848 to the December average rate of 91989.6849, the exchange rate registered a net change of 4.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 92667.4034 was up 3.49% compared to the 2019 peak of 89545.0963, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TND based on timing:

Yearly Peak High 463,337,017 VEF

2019 Average 425,107,823 VEF

Yearly Trough Low 422,238,984 VEF

Transaction Impact: A difference of 41,098,032.78 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

92614.4408

85117.3691

JanuMarcMayJulySeptNove

TND to VEF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 86901.6226, compared to 90328.9877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3427.3650 points.

H1 Avg (Jan–Jun) 86901.6226

H2 Avg (Jul–Dec) 90328.9877

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4377.0976 VEF (High: 88824.8945 / Low: 84447.7969). On the other end, October was the most stable month, with a tight range of 1127.2782 VEF (High: 90672.3745 / Low: 89545.0963).

March Spread (Volatile) ±4377.0976

October Spread (Stable) ±1127.2782

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1184.3245 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1184.3245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 91989.6849) against the same month in 2019 (average: 87565.9197), the exchange rate shifted by +4423.7652 (+5.05%).

2020 Avg (December) 91989.6849

2019 Avg (December) 87565.9197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	89545.0963	87727.3229	88348.6848
February	88116.1852	86754.8720	87409.6750
March	88824.8945	84447.7969	86926.4496
April	86792.7496	85062.0940	85742.1251
May	86475.6020	85281.0441	85776.3106
June	87999.1650	86762.4449	87206.4905
July	90408.4563	86717.0275	88247.8616
August	91591.4642	88793.1543	90819.9823
September	91173.6047	89351.9030	90295.7436
October	90672.3745	89545.0963	90161.6522
November	90887.9452	89545.0963	90459.0013
December	92667.4034	91121.2476	91989.6849